Neighborhood Profile

Old Forest

Lansing, MI | Ingham County
Scored premium profile
Best Neighborhoods USA Index
51.8
National rank: #6,980 of 14,967
Stability and Strength
28.4
Score
Value Opportunity
53.9
Score
Momentum
86.4
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationLansing, MI
CountyIngham County
National rank#6,980 of 14,967
State rank#157 of 334
City rank#15 of 36
County rank#22 of 47
National percentile53.4
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$111,681
Year-over-year home value change6.5%
Month-over-month home value change0.31%
Home value to income ratio2.12
Median household income$52,586
Bachelor's degree or higher21.4%
Civilian unemployment rate10.6%
Homeownership rate38.4%
Housing vacancy rate7.5%
Rent burden 30% or higher41.6%

How to read this profile

  • Ranks are always shown with denominators.
  • Momentum reflects both year-over-year and month-over-month housing change.
  • Stability and Strength and Value Opportunity are governed composite scores.
  • Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers

Questions About Living in Old Forest

What is the Best Neighborhoods USA ranking for Old Forest?

Old Forest is ranked #15 of 36 eligible neighborhoods in Lansing; #157 of 334 eligible neighborhoods in MI; and #6,980 of 14,967 eligible neighborhoods in the United States.

Is Old Forest one of the best neighborhoods in Lansing?

Old Forest has a Best Neighborhoods USA Index of 51.8 and a city ranking of #15 of 36 eligible neighborhoods in Lansing.

How much are homes worth in Old Forest?

The current Zillow Home Value Index for Old Forest is approximately $111,681.

Are home values rising or falling in Old Forest?

Zillow neighborhood values changed 6.5% year over year and 0.31% month over month.

What is the Neighborhood Momentum Score for Old Forest?

Old Forest has a Neighborhood Momentum Score of 86.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Old Forest?

The NDS-derived neighborhood median household income is approximately $52,586.

How affordable is Old Forest relative to household income?

The current Zillow home-value-to-household-income ratio is 2.12. Price-to-income affordability is a major Value Opportunity input.

Is Old Forest primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 38.4%.

What is the unemployment rate in Old Forest?

The NDS-derived civilian unemployment rate is approximately 10.6%.

How educated are residents of Old Forest?

Approximately 21.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Old Forest face high rent burden?

Approximately 41.6% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.

How does Best Neighborhoods USA score Old Forest?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

Governed ranking context

How this neighborhood ranks

HMDA Mortgage Intelligence

Neighborhood Mortgage Market

FULL_OR_NEAR_FULL

Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.

Activity year2024
Estimated applications31
Estimated originations18
Home-purchase applications17
Origination rate56.3%
Home-purchase share52.8%
Average application loan$84,755
Total application loan amount$2,661,703
National application rank#9,059 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 21.2% YoY; originations 24.0% YoY
Mortgage methodology

HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.